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2 Rewards Strategy Jobs

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8.0 - 13.0 years

1 - 2 Lacs

Hyderabad, Telangana, India

On-site

Key Responsibilities: Rewards Strategy & Execution: Lead the development and execution of a comprehensive total rewards strategy that aligns with organizational goals and values. Oversee the design and administration of competitive compensation packages, ensuring they attract, motivate, and retain top talent. Manage and rationalize the variable pay, performance-linked pay, and bonus programs to ensure consistency and equity across the organization. Collaborate with senior leadership to design incentive programs that drive high performance and employee engagement. Conduct market analysis and benchmarking to ensure the organization remains competitive within its industry. Regularly audit and review compensation and benefits programs to maintain accuracy, compliance, and effectiveness. BenefitsManagement: Oversee employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other voluntary benefits. Ensure that benefits programs are aligned with employee needs while being cost-effective and compliant with all applicable regulations. Continuously assess and refine the benefits offering to remain attractive to current and prospective employees. Performance Management: Partner with key stakeholders to refine and execute the organizations performance management framework. Provide guidance and oversight on the performance-linked pay process to ensure it rewards the right behaviours and outcomes. Ensure that performance management tools and processes are consistently applied across the organization to promote fairness and transparency. Compliance & Governance: Ensure the organization is compliant with federal, state, and local regulations. Develop governance frameworks and policies to standardize rewards and performance management processes. Stay current on industry trends, legal updates, and best practices to inform decision-making and recommendations. Collaboration & Leadership: Collaborate with the HR team and business leaders to ensure alignment between rewards and performance initiatives and broader business objectives. Provide expert guidance to HR Business Partners and other team members on compensation, benefits, and performance management issues. Act as a strategic advisor to leadership on total rewards and performance topics, helping to shape the organizations approach to talent management. Qualifications : Bachelors degree in human resources, Business Administration, or related field. 8-12 years of experience in HR, with a strong focus on total rewards and performance management. Proven experience in designing and implementing compensation and benefits programs, with an emphasis on consistency and equity. Strong analytical skills with experience in market benchmarking and data-driven decision-making. Familiarity with HRIS systems and compensation software. Excellent interpersonal and communication skills to work effectively across functions and levels.

Posted 1 week ago

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2.0 - 7.0 years

10 - 20 Lacs

Mumbai

Work from Office

We are looking for a dynamic and detail-oriented Compensation & Benefits professional who thrives on compensation benchmarking, data, analytics, and rewards strategy. This is your opportunity to be part of a high-impact HR team that supports business leaders with insightful dashboards, accurate data, and strategic planning. Location- Mumbai Your Future Employer: A globally recognized BPM organization delivering impactful business solutions through data intelligence, process excellence, and digital innovation Responsibilities: 1. Designing and developing dashboards and reports for senior leadership to track compensation trends and workforce analytics 2. Managing and maintaining compensation data for global employee populations with utmost accuracy 3. Assisting in the digital transformation journey of the HR function 4. Supporting compensation planning, budgeting, and incentive program implementation 5. Partnering with HR teams across geographies to resolve queries and drive rewards excellence Requirements: 1. Post-Graduate in HR or Graduate with 3-4 years of relevant experience in Compensation & Benefits domain (Compensation Benchmarking, Rewards strategy, HR Analytics, data management, strategy, employee engagement) 2. Advanced MS Excel skills for reporting, modeling, and forecasting 3. Working knowledge of analytical tools such as BI or Tableau is good to have 4. Exposure to SAP (SuccessFactors), Fusion, or Workday (a plus) 5. Highly analytical mindset with excellent attention to detail Whats in it for you? Get hands-on exposure to compensation strategy, work with senior leaders, and be a key contributor to HR transformation. Reach Us: If you feel this opportunity is well aligned with your career progression plans, please feel free to reach me with your updated profile at vanika.arora@crescendogroup.in for a confidential discussion on role.

Posted 1 week ago

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